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. this is an amendment about energy, and as we all know, energy is a strategic resource for us. every member of our armed forces understands this and they understand it well. energy is essential to our national security mission. everybody knows you don't go out there and move in an aggressive way without good, solid energy supplies behind you. and having access to reliable energy supplies to protect our men and women in uniform is just absolutely essential, no matter where they may be in the world. it is critical to our nation that we have these good energy supplies. and each branch of the armed forces recognizes the importance of biofuels as a critical part of our energy needs. our military faces numerous logistical challenges with its dependence on fossil fuels. increasing diversification through investment and alternative fuels will help the military carry out its mission safely. and without the need to rely exclusively on foreign sources of you'll from countries who do not share our interests overseas. the amendment offered by senator toomey, the gentleman from pennsylvania, trades some short-term be
of sustainable energy and full employment. there are numbers of reports on this topic in this worked on green projects for the u.s. department of energy and the international labor organization and is currently directing a green energy project for the u.n. industrial development organization. bob's talk tonight will be based on his latest book, "back to full employment" and i just want to add a little context here. and that is that the unemployment problem in the u.s. is more serious than it appears from the official government statistics. the main reason why it's official and the reason it unemployment has declined in recent years is the official estimate of the labor force has hardly increased at all since 2008. the population growth has just stopped. but what what is happening is that jobs are so scarce that millions of unemployed workers have given up looking for a job and they are not counted in the official government statistics. if we just as an exercise assume that the labor force over the last several years has grown at a normal rate, then the rate of unemployment would be three or f
, that we could get to the point where we can have higher sustained growth. one would be a patriotic energy and ingenuity and innovation. second, reform our immigration system in the victory something that would depart at the high-growth economic strategy, respecting the rule of law and moving it to where our brand, not tarnish around the world would allow people with high aspirations to become great opportunity for all of us. third, we need stem to stern transformation, real transformation of our education system so more and more children gain the power of knowledge can be successful in life. [applause] we are the most energy abundant country in the world. 10 years ago for 12 years ago were ready to no longer have natural gas. people were building billion-dollar plans to import into our country and it's so much guess we don't want to do with it because of american ingenuity and american technology. a greek immigrant combining two existing technologies, pitchout fracturing and horizontal drilling created the greatest competing with commercialization of the internet. there should be dancing
to the point where we have higher sustained growth. one would be to create a patriotic energy prop -- based on innovation and north american resources. second, to reform our immigration system and move it towards something that would be part of the high-growth economic strategy true to our heritage respecting the rule of law, but moving it to the 21st century where our brand which is not around the world would allow high high achieving people with great aspirations to come and create opportunities for all of us and then third transformation and not reform anymore but real transformation of our education system so more and more children can gain the power of knowledge and be successful in life. [applause] we are the most energy abundant country in the world. 10 years ago or 12 years ago we were about ready to no longer have natural gas. it was an amazing thing people were building billion-dollar plans to import liquefied natural gas into our country and today we have so much gas we don't know what to do with it. that is because of american ingenuity and technology. a greek immigrant combinin
, for instance, the house select committee on energy independence and global warming created in 2007 as a forum for confronting the economic and security challenges of our dependence on foreign fuels. when republicans took controlf the house of reprentatives in 2011, they disbanded that committee. end of discussion. between may, 2011, and december, 2012, our colleagues in the house of representatives, henry waxman and bobby rush, who were the democratic ranking members of the subcommittee on energy and commerce and of the subcommittee on energy and power, wrote 21 letters, 21 letters to chairman fred upton and ed whitfield requesting hearings on climate change. to date, there has been no response, no hearings. end of discussion. house republicans have tried to prevent the department of the interior and the department of agriculture from funding their climate adaptation plans. commonsense efforts to preserve our resources, protect our farmers and save taxpayer dollars. but no, end of discussion. and i'm sad to say it's not just the house of representatives. in the senate, in the environment and
to more smoothly and effectively enter financing, energy, railway and other factors. we will pursue reform in the social factor so as to promote upward mobility. in some universities in china, the share of rule of students is quite low. we need to gradually raise that so as to give hard-working rural students hope. [speaking chinese] >> translator: we need to focus on key areas and ensure overall coordination. we want to pursue comprehensive reform, covering all factors. so as to make this clear to the goal of socialism with chinese characteristics. [speaking chinese] [speaking chinese] >> translator: the fact that in pursuing reform we now have to navigate on china's water when we also to confront some protracted problems. this is because will have to shake up that interest. sometimes stirring vested interest may be more difficult than stirring the salt your but however deep the water may be, we will wade into the water. this is because we have no alternative. reform concerns the destiny of our country, and the future of our nation. in pursuing reform we need to have courage, wisdom, and
are surrounded by young people it gives you new perspectives and insights and energies. >> i think -- i've had quite a few minority clerks into law actually, and the has been a change over at the time in that and there has been an improvement in the sense that i haven't had to look as hard, and you know, you have had to do a lot of encouragement. you had to do a little effort 15 years ago to go bald and say where and hal and then say i am not going to bite you, you know, please and so forth. i would say the extent to which requires the effort is an improved, but it still does require something of an effort. and so the more that -- less than it did but i think consciousness is important. so i think it can encourage people that's right. and at these different levels you will see, you know, you are not giving anybody a favor. he will see that its -- the effort pays off and it is worthwhile. >> i have one last question, mr. chairman and that is the issue that we discussed before in the supreme court. we know that right now it applies to other judges and for the court applies as an advisory situati
. economists recognize the distortion of energy markets that overlook the true cost of carbon pollution, and government accountants now list climate change as a threat to our fiscal stability. now, today, as we enter the passover and easter season and as catholics the world over celebrate the selection of a new pope, we turn to voices of faith. they, too, call upon us. they call upon us to heed the moral imperatives of protecting creation and seeking justice for all people. they call upon us to reflect on our faith, on our relationship to our world and each other and on our responsibility to future generations. and they call upon us as president obama reminded us in his inaugural address to preserve our planet commanded to our care by god. i lay no claim to religious authority, but i must believe this -- something that harms others, something that disturbs god's creation, something that stands on lies and greed, protecting that must not be consistent with god's will. in his 2010 world day of peace message entitled "if you want to cultivate peace, protect creation," pope benedict xvi cal
energies. >> i have had quite a few in the question is has there been a change over the time and not? i have time to look far do a lot of encouragement. a little after 15 years ago. to say where and who in and say i'm not going to bite you. and please and so forth. i see the extent to which requires an effort is improved last. but it still does require something of an effort. less than it did, but consciousnesses import. so i think it could encourage people at these levels then you'll see you're not doing anybody a favor. the effort pays off. it's worthwhile. >> that's the issue we discussed about applying the quote. we know right now it applies as an advisory situation. the different in the past change on that whole issue of applying the judicial comment? >> i've never had a problem with it because in my own professional career, i'm absolutely confident in the career in the manner in which we consider those absolute binding. they can and be made by members of the relevant judicial committee urges district judges. we think it's potentially difficult for circuit judges to make rules that
raising taxes. when we adopt a strategy of caring about people, then we will legalize american energy production. then we will get gas $2 a gallon. then we will make sure that your sister has her second amendment rights to keep herself safe from an assailant. and we will make sure that we are innovating and growing our way into the new cures, because we have uniquely american lifeblood as her signature. and what that is, is doing right by the next generation. we all benefited by these medical and innovative technology breakthroughs. they were gifts to us to our generation. and i say to you now that it's our duty to pay it forward for the next generation. it's our duty to grow the scientific progress and innovation that we desperately need. it's our gift and our legacy to the next generation. we do it because we love. we do it because we care. this is who we are. this is our movement. the movement of love. the movement of care. we do this because we love each other. and because we love our nation. die bless you, and god bless the united states of america -- god bless you and god bless
, deputy director, worked in different capacities, and i left at a time when i was still having that energy, and that time comes at a different point for different people. there's people who were there for 20-25 years. i couldn't have done that because the clients needed my 100%. when i got to the point where i was about to get burned out, i left before that happened, and i think that's what everyone should do because the clients deserve to have your 100% energy all the time, and i think i -- especially as a director, i was frustrated because as a director, i had to -- you have a budget and i had to go at that time to the city council and sort of make sure that we were well-funded, and that was a different kind of work that i, you know, was frankly, getting a little tired of. there's a lot better to be in the courtroom fight for the client. i left at the right timing and it's now still doing incredibly well. >> host: what would you tell somebody what it's like to be a lawyer in a -- an actual murder case. >> guest: in a murder case what it's like? >> host: what advice? >> guest: what advice
more on that. if we could talk about is the changing energy environment globally and especially in the united states, as the united states becomes more self-sufficient rather than independent, and how that impacts the relationship with our countries? >> yes, you know, i think that -- we have had some divergences. some of it comes down to messaging, as we were saying before. we have the same sorts of reservations and worries about exactly what is the u.s. policy and will the u.s. actually back up those policies as the other allies do. that extend beyond the middle east. the divergence has been the ascendancy of islamic groups. the united states have been relatively sanguine about that. many are worried about the intentions of groups like the muslim brotherhood. when it comes to iran, i think there is a concern amongst the allies we focus on what is exclusively on the nuclear issue, almost as if we are having an arms control negotiations. many of our allies see it in a much broader sense, causing trouble in the region. again, i don't think that the administration doesn't see those
. so i think it's important. so doesn't surprise a lot of people have focused their time and energy on the charitable sector. but i think my book differs from those that have come before is really trying to understand how charities need to be more effective. and the market pressures and what needs to change in order for us to have the charitable sector that we all want. >> host: great. i definitely think that your ability to articulate the problem and to face the problem that we face, the enormity of it and the serious nature of it is exceptional and it doesn't differentiate from some of these other books. you start early often about discussing the american red cross, and i think doing a good job of dissecting some this is problems that they face. you make the following statement. you say, when even the highest revenue charity, by the way around 3 billion a year, in the country is bound together by rubber bands and to date, it is a sign of profound misunderstanding of how to build effective charities. so the question that i have for you as i read that is, if the american red cross i
are legislating -- and i can also tell him where not going to carry on with a proposal made by the previous energy secretary which was about 179 pounds on everybody's bill. we decided to scrap that. >> ed miliband. [shouting] >> trento want to ask the primers about the situation in cyprus. can the prime minister update the house what is being done to protect the british nationals including our armed forces who have deposits in cyprus banks? >> the leader of the opposition raises and externally important issue, and a very sensitive and difficult time for the republic of cyprus. first of all on the issue of anyone who is in cyprus because they've been sent there by the british government in the armed forces, m.o.d., or the foreign office, we've guaranteed that they won't anyway lose out in terms of their earnings or their savings. that is the first thing to say. we've also sure that money will be available which is why a plane with the money was sent to cyprus last night. in terms of, in terms of british citizens in cyprus, assumed our many thousands, of course we cannot insure them against any loss
for private property owners. $10 million for usda high-energy cost grants programs that go to subsidize electricity bills in alaska and hawaii. $5.9 million for economic impact initiative grants. the list goes on and on, i say to my friend from illinois. so we were trying to examine this legislation, the 587 pages or whatever it is, to find this kind of thing. and it was our obligation to do so. we have found these things. we're still finding additional elements. and, i mean, some of them -- when we are talking about -- and i see the distinguished majority leader on the floor, my old friend. we are read to move forward with amendments. i was just saying to my friend from nevada, we found numerous additional provisions in this legislation that we think is important for debate and discussion, and i won't go through all of them. $120 million for guam, the national guard star-based youth program, $5 million. $154 million for alternative energy resource -- on and on, while we have ships that can't leave port, plain, planes that t fly and men and women that can't equip. and we have this kind
. beyond that we need to have her growth energy policies including oil and natural gas. [applause] our regulations, regulations have to be the product of the cost-benecost-bene fit analysis. if you go to some of these other countries the government's trying to help the business community. in america business feels like the government is an impedimenimpedimen t their competitor, their enemy. that has to stop. [applause] our monetary policy cannot be used to inflate things and distort our economy. the list goes on and on. we need to have a progrowth tax structure not one is designed to take from some and give to others. and last but not least we believe in solving our debt problem not out of ideological reasons but is hurting job creation. jobs are not being created in america. they are jobs that are not being created in this country because we have a 16.5 chilean dollar debt and its only scheduled to get bigger. that problem has to be solved and the only real approach to solving it is a combinaticombinati on of fiscal discipline and rapid economic growth. there is no tax increase in the
percent energy all the time that the record we had a budget and want to make sure we are well funded and that is a different kind i was getting tired of. i think i left at the right time and it's now incredibly well. >> host: why don't you tell everybody what it's like to be a lawyer in an actual murder case. >> guest: >> host: what advice. >> guest: what advice. >> host: like is it like law and order? >> guest: i have a hard time watching the television shows. it's very intense representing individual when you are based on liberty and that responsibility especially in a murder case is incredible. there was never a time i wasn't a bundle of nerves. i felt sick because i knew if i may animistic it could cost the client. this also incredibly fulfilling. when the jury comes back with a non-guilty vote it's the better sound for me to know i was able to free some one and i felt good about so it's not for everyone. i talked to my students about this all the time and those that are interested in crumble wall kill the one to the prosecutors and someone to the defense attorneys and i encourag
and economic priorities like our schools and our roads and bridges and our clean energy and manufacturing industries. mr. president, this budget puts jobs first and our economy first and foremost, but it also builds on the work we've done over the last two years to tackle our deficit and debt responsibly. you know, in 2010, president obama established the national commission on fiscal responsibility and reform commonly referred to as simpson-bowles. that bipartisan group came back with a report recommending approximately $4 trillion in deficit reduction over ten years from a balanced combination of spending cuts and new revenue. the report pointed out that this level of the deficit reduction is more than any effort in our nation's history. other bipartisan groups including domenici-rivlin and the senate's gang of six as well as economists across the spectrum agreed that $4 trillion over ten years was a reasonable and responsible goal. now, since that time, congress and the administration have worked together to reduce the deficit by $2.4 trillion, $1.8 trillion coming from spending cuts,
in my nine months unprecedented senior attention and energy. right now focused on this energy from top to bottom across the force. with quality training and strong leadership. i began my remarks by stating that actual salt is a national problem. i will conclude by saying that it is my view that the department of defense can and must be a leader in solving this problem for america. i look forward to answering your questions. >> thank you all. >> even statements from nancy parrish, and from this, there is no objection. i would like like to turn the proceedings over to chairman levin. >> madam chairman, thank you for your leadership and holding this hearing. to all of those who have joined in this effort. it is a major effort, a huge initiative. it is vitally important. first of all, i would like to thank you. i wrote you a letter asking with a legislative history. in the day he responded with your own letter. including in that letter is a lengthy legislative history. i just have a question for mr. taylor. the legislative history provides that the authority under article 60 dates back to
energy cost grants programs that go to subsidize electricity bills in two states -- alaska and hawaii. alaska and hawaii. $5 million -- $5.9 million for the usda's economic impact initiative grants. now, the economic impact initiative grants have become slush funds for local governments to do such things as rehab an exercise room, renovate a museum on the pacific island of palau, and buy kitchen equipment for city government offices. now i'd like to talk a bit about defense spending. and this is probably the most painful part of my comments. and i will explain why later on. defense spending includes over $6 billion, $6 billion in unrequested or unauthorized funding for programs for the department of defense. at a time when the department of defense is facing the impact of sequestration on top of the $487 billion in cuts directed by the president, we can't afford to spend a single taxpayer dollar on programs that are not a priority for the defense department and our national security. the following things are beginning to happen now that the department of defense is under sequestration
and the cost of doing business is energy. creating a low carbon economy is done by create jobs rather than -- was a major step forward for new nuclear. today with help of we are also announcing our intelligence to take two projects to the next stage of development will support the manufacture of mission vessels in britain with new takes incentive and the honorable members has urged do you passionately and in a nonpartisan way about the damage of doing the famous ceramic industry and persuaded me we will exempt from next year the industrial processes for the industry and others from the climate change. [cheering and applause] [laughter] >> for the we will this year sign contracts for the commissioning relief, the expectations of which is already increasing investment. i want britain to tap to new sources of local energy like shale gas. i'm introducing a tax -- including a shale gas field allowance to promote early investment. shale gas is part of the future and we'll make it happen. we can help companies grow and succeed by wilding infrastructure, backing the local, and supporting successfu
? >> yeah. >> there's so much negative energy for opponents of the aca. one of the things we needed was talk up the benefits because not everybody knows it's a good thing. some people might think they should wait. we want people to sign up right away. and talking to community-based organizations, there are a lot of federal resources, but there will not be a perfect plan handed to you on a silver platter. don't wait. this is an opportunity for our community. you need to do what you can in your own community, seek out these resources, but don't wait until it comes to you. you need to go to it. >> and definitely from the perspective of the national minority -- [inaudible] we represent over 3,000 community-based organizations throughout the country, and one of the things that we're trying to do is pass along a lot of the information that's being put out by hhs because it's already been well articulated that the cbos have a traditional role in helping the people that they serve get access to these expanded programs, and we need to put the tools at their fingertips. so the council really sees itse
relying on energy from the cold. should be speak about that differently? >> it goes something like this. if by 2017 can achieve independence, why in the world would continued to be concerned about the energy that flows out of the gold? my answer is i didn't go to the polls in 1991 and stayed there for the next 20 years. that's not why i went. that's not what my children went. we went there because we thought the region of the world where we have not except for a few bilateral relationships invested much bandwidth, commitment and we went there in 91 because of the aggression of saddam hussein, but we stayed there because he came to the realization the future is tied to our future and not through this thing called oreo, but rather as a said earlier, the shared interest in a common future where people could build a better life and what types could be managed collaboratively. not by the united states uniquely, but the relationships we build on congress. when i hear in 2017 oil more you speak for us. that's great. i hope we achieve energy independence. from a military perspective and i can o
cannot control are the costs of health care and the cost of energy. we can control the impact on reforming the cost of health care through obamacare. now, why do i say that? first of all, if you don't have it, you get sick, you go to the emergency room. you go to the emergency room. do you know what the average cost of an emergency room visit is? $1,000. do you know what a primary care doctor gets? 40d. now, what is wrong with that picture? 40d, not $400 by the time -- time -- $40, not $400 by the time all of it is taken out. i want to bring to your attention a fantastic documentary that was on cnn on sunday night. it was called saving the fire or rushing through the fire. it was a complete two-hour documentary from cnn. not some lefty think tank or nothing like the institute of medicine. this was a cnn documentary on the cost of health care and how the system that we have now increases cost but does not increase or improve health comps. i'm not going to argue all those dynamics here today, but if we really want to lower the cost of health care, we want to have president obama
of architectural and botanical beauty curving above the darting energy of the streets and sidewalks below. it, too, is a garden in the machine. .. once adopted the elevated railroad committed new york to expand and fill its shell out to ink in the pencil lines of the grid, the elevator permitted new york city to expand and out of the grid in the direction the city commissioners never described natural slopes in the air, buildings brought people to new elevations. man had remains of island of layers. [applause] >> i went over my time talking too fast. i am sure there is time for a few questions. remember, michael is also here. [inaudible] >> yes. >> my question relates to this. at the new york historical society we have a marble marker that marks fourth avenue in 26 street. when i lead my tours we way this thing out. and i tell them that this is that a particular corner and i believe i got that information from reading something in the last three or four years. could you tell me if you know what corner of these markers were marking or are they in the center of the street. >> they were definitely on
this kind of ominous amounts of energy that could be spent on, perhaps to my other more fulfilling or intellectual pursuits. what you think is the new feminine mystique, the new problems that don't have a name? >> it's funny that is coming. the giant best seller. if we could just parents like the french and not make the kids and the kings. anyway, i mean, i don't think this is the most important problem, but it is, i do think -- i do think it is a misconception to some extent that the kind of culture means we are sexually liberated. i do think that is a myth. don't think it's the most important thing. >> i think that -- i did a whole book about this interview airing of women. why are you flashing for gross ton while? wire you before -- what you already think it is a responsibility to look desk inky as possible? i think that there is confusion about the difference between -- and i think it is confusion because it is confusing the difference between the new role and being totally sexually liberated, and i think it's confusing and was another issue that was always confusing when you t
had spent a lot of time and a lot of energy and everett making sure -- effort making sure that scott walker and ron johnson won that primary. but that was our decision. and i wouldn't have appreciated the national party coming in and telling the state of wisconsin, now, wait a minute, i don't know about scott walker, i think we're going to go with mark newman. well, that's ridiculous. and that's the point. it's not that we want to handcuff ourselves, it just isn't practical, and i don't think it's right. >> governors have gone on to become some of the most significant republican presidents in the last century, nixon, reagan, bush. is the party doing enough to support the rising star governors once they get past that state endorsement process? >> well, i mean, that's the plan for 2013 and 2014. um, i know that state parties sure do a lot of work and, obviously, the rga does. you know, we have a different party too. i mean, you know, i don't know, 15, 20 years ago maybe more there budget an nrcc, there wasn't 10, 20 different super pacs and 527s. we have a big group of organizations th
that because it seems to me that the department of energy, their role is much like that of the defense contractors. and the money that they spend on a,, do you feel good about where we are and are we on track to raise it up >> senator, i do feel good in terms of insight and influence. it is not perfect. but i think that over the last year in particular, there has been ager mattock change between the department of defense and department of energy over visibility into the budget and influence in shaping a budget. it is not perfect. i think we are learning a lot about how we can get better at this. i think there is more to do and i have seen a tremendous change, and i think it is a tremendous positive change. >> that is great. i would note that my understanding is that the department of defense has not yet certified the budget unless we have some concerns about it. but it is at the omb level and going forward. i do think it is healthy but the defense department has real input into the production of the budget for nuclear weapons. >> thank you, senator sessions. >> thank you, general kehl
in my nine months in this job unprecedented senior and mid-level leader attention and energy right now focused on sexual assault prevention response programs across all the services. the key now is transferring this energy and focus from top to bottom across the force through quality training and strong leadership. i began my remarks by stating that sexual assault is a national problem. i will conclude by stating that it is my view that the department of defense can and must be a leader in solving this problem for america. thank you for your attention, i look forward to your questions. >> thank you all. um, we have a number of statements for the record including statements from nancy parish, president of protect our defenders, lisa metz, mr. ben clay and from the victim of the avenue yang know air base. i'd also like to turn these proceedings over to our chairman, chairman levin. >> madam chairman, thank you for your leadership and holding this hearing. and to all of us those who have joined in this effort, it's a major effort, it's vitally important. i just very much appreciate your r
level attention and energy focused on sexual assault response programs across all. the key is transferring this energy and focus from top to bottom across the force. through quality training, and strong leadership. i began my remarkses by stating that sexual assault is a national problem. ly conclude by stating it's my view that the department of defense can and must be a leader solving probt for america. thank you for your attention. i look forward to your questions . thank you. we have number of states for the record including nancy parish, lisa max, mr. ben clay, and -- there's no objection. they will be included in the record of the hearing. i now would like to turn over to chairman levin. >> thank you for your leadership and holding this hear -- holding this hearing and to all of us who have joined in the effort as a major effort. it's a huge initiative, it's vitally important. i just very much appreciate your recognizing me for a few moments. i want to thank our colleagues as well that are here waiting to asking questions. and it will take a few moments. first of all,
our schools and our roads and bridges in clean energy and manufacturing industries. this budget puts jobs and the economy first and foremost. but it also builds on what work has been done to tackle deficit and debt responsibly. president obama established the national commission on fiscal responsibility and, commonly referred to as simpson-bowles. this recommends $4 trillion in deficit reduction over 10 years from a balanced domination of spending cuts and revenue. the report points out that this deficit reduction is more than any in recent history. many economists across the political spectrum agree that $4 trillion over 10 years is a reasonable and responsible goal. since that time, congress and the administration have worked together to reduce the deficit by $2.4 trillion. with $1.8 billion coming from spending cuts and 600 billion from allowing tax rates rise on the wealthiest americans. the senate budget access the rest of the way the 4 trillion-dollar goal and beyond. it builds on the $2.4 trillion deficit reduction marty donovan and positional 1.85 trillion in new deficit redu
will be the federal efforts. >> can i just add something? there is so much negative energy for opponents of the aca. one of the things we need is to talk about benefits we are talking to your neighbors because not everybody knows it's a good thing and some people think they should wait. we want people to sign up right away and talking to community-based organizations there are a lot of federal organizations but there will not be a perfect plan handed to you on a silver platter. this is an opportunity for community. he needs to do what you can in her own community and seek out the resources but don't wait until it comes to you. you need to go do it. >> we represent over 3000 community-based organizations and one of the things we are trying to do is pass a law putting out a to hhs. it started than well articulated that the cbs have additional role in helping the people that they serve get access to these expanded programs but we need to put the tools at their fingertips. so the council sees its playing a transitional role and putting it in at the fingertips of the people of the at the local level but
energy. those are the kind of things that we can do that don't cost money that create jobs, complete the keystone pipeline. don't keep sending money to venezuela, saudi arabia. create jobs in america. ask the people in north dakota. they have got growth and prosperity as a result of energy production. these are the kind of things that we can do and we believe in and we'll continue to work for. and i just say that maybe even though we have a big difference -- and this budget will be quite different from the house budget -- i don't say it's impossible that in conference that some sort of a more global agreement could be reached to put america on a sound path. we'll have to deal with the entitlements. entitlements represent half of the spending, and with interest, more than half of the spending that we spend, medicare, social security. those are growing well above the inflation rate, and they just need their growth level needs to be contained a little bit. and we can make them sound and people can retire and know that medicare will be there for them, it won't fail, that social security
for army, navy and air force alternative energy research initiatives. this type of research has developed such shining examples as the purchase of 450,000 gallons of alternative fuels for $12 million over $26 million per gallon. $18 million for industrial preparedness. $16 million for parkinson's disease research on defense. it's not out of health and human services. $16 million for neurofibromatosis research. $16 million for hava's research, which is taken out of defense. i million dollars for unspecified radar research. $567 million for adding requested adequate research. $27 million for research initiatives. 45 -- the list goes on and on and we haven't finished. how in the world -- how in the world do you have a provision for an incentive program that directs the department of defense to overpay on contracts by an additional 5% if the contractor is a native hawaiian owned company. how in the world is this justified in these times of sequestration? i note the presence of hours later on the floor and i want to assure the leader with all respect that this is a 587 page bill of over a tril
and was the ranking member on the senate armed services committee and has brought a great energy and a bipartisan spirit to our work together and we want to just welcome him as her new ranking member here. we welcome senator johnson i think is a new member here also of her subcommittee like senator mccain has been a member of the subcommittee. senator johnson has joined us and we welcome him. in april 2012 americans were confronted with the story of wall street excess in the derivative disaster now known as jpmorgan chase wailed trades. the largest u.s. banks are derivatives which are complex financial instruments that derive their value from other assets. derivatives behind at jpmorgan trades were part of the so-called synthetic credit portfolio, sometimes called the scp. that essentially made outsized bets on whether particular financial instruments or entities were creditworthy or would default during specified time periods. the bets were made by traders in the london office of the u.s. banking giant jpmorgan chase. their there are trades, meaning their pets drew -- grew so large that they wer
committee and has brought a great energy and bipartisan spirit to her work together and we just want to welcome him as their new ranking member here. senator johnson is a new are here, unlike senator mccain has been a member. what about him him in april 2012, americans were confronted with a story of wall street excess in the derivative disaster now know as jpmorgan chase will trade. the largest u.s. banks are deep and derivatives, which are complex instrument, which derive value from other asset. the derivatives behind the jpmorgan will trace the part of a so-called synthetic credit portfolio sometimes called an sep that essentially made out sites that on whether particular financial instruments or entities for credit worthy of a default or specified time periods. the best or maybe cheaters in the london office of the u.s. banking giant jpmorgan chase. their trades, meaning their beds grew so large that they wrote the $27 trillion credit derivatives market, single-handedly affecting global prices and finally attract a media storm in finding out who was behind them. that's when the m
prevailing in the market energy make mortgage credit available to its larger number of borrowers. there is no ambiguity about this issue. it is difficult for fannie and freddie to find prime quality blockages among borrowers at or below the median income, especially when the quota had been raised to 50%. in the mid-1990s, they began to reduce their underwriting standards come accepting 3% down payment spinning to 95 and zero down payments of the year 2000. acceptable barware ficus scores were also reduced. because stan and freddie were dominant players in lurches set standards for the housing market and mortgage market that were underwriting requirements spread throughout the market, not just of those mortgages to qualified for the affordable housing goals. the availability of government support for low-quality mortgages and the easy availability of mortgage credit efficiently increase demand for housing and built an enormous bubble, nine times larger than any previous bubble between eight to 97 and 2007. by 2008, half of all mortgages in this bubble that was 28 million mortgages
's so much negative energy for opponents of the aca. when it's attack of the benefits. not everybody knows it's a good thing. we want people to sign up right away. talking to community-based organizations is one of federal resources, but they will not be a perfect plane handed to you on a silver platter. don't wait. you need to do what you can come to seek out resources, but don't wait until it comes to you. you need to go do it. [inaudible] >> one of the things were trying to do is pass a lot of the information being put up hhs but at the fingertips because it's been well articulated that the cbo has a traditional role in helping people they serve good access to expanded programs and we need to put tools at their fingertips. the council sees itself in a transitional role for the federal government and people at the local level. in addition to that, the court may every year they bring in about 2500 to 3000 health care providers and the rest of the meeting that will occur less than 30 days to present programs begin enrollment to get all the folks in the aca. so you could leave new orl
to clean energy. let's clean up our act. let's save our children. save our grandparents. we're not talking about a remote possibility sometime in the near future. climate disruption is here. it's happening before our eyes. more american children are getting asthma and allergies. more seniors are suffering from heat strokes. let me tell you about what's happening in new york right now. we're seeing indications that extreme weather events like superstorm sandy are linked to health problems. do you know they've already given a name to a cough that has developed in that part of the country, locally known as the rockaway cough because it's in rockaway. the rockaways peninsula on long island, new york, was devastated by sandy. lives were lost. homes and businesses were destroyed. and now local residents are experiencing health problems from the flooding. coughing, it's a common symptom that health officials said could come from mold or the haze of dust and sand kicked up by the storm and demolition. if you listened to governor cuomo, what he said was these so-called 100-year storms are seen all
to produce very expensive fuel, shouldn't it at least happen through the the department of energy or some other environmental research-oriented institution? mr. inhofe: would the senator yield? mr. toomey: i would be happy to yield to the senator from oklahoma. mr. inhofe: we went through this on the armed services committee. is the senator aware that in one purchase, the administration forced the navy to buy 450,000 gallons of fuel at $29 a gallon -- you could buy it on the open market for $3. and secondly, i think you do know this because i heard you mention the department of energy -- when we formed the department of energy, they're supposed to do all this. but i would have to make one observation. as we have a president, an administration who's been cutting dramatically, and we're all concerned about what's happening to our military, our ability to defend ourselves, they do it in three quais ways. number one, they cut, number two, they delay. and number three, this is what we're getting to now -- they take the agenda -- his green agenda and put it not where it should be but under the
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